New white paper reveals emerging technology trends

Addison, Tx

A new whitepaper from Parks Associates reports 40% of US broadband households have trialled at least one OTT video service during the Covid-19 crisis, while one-third of smart home device owners have increased usage of these products. The whitepaper “2021 Consumer Tech Trends to Watch” highlights some of the biggest announcements from CES 2021 and the technology trends Parks Associates analysts believe will shape 2021.

Parks Associates’ research finds one-third of smart device owners in US broadband households have increased usage of their devices during the Covid-19 pandemic, including 46% of smart door lock owners. With consumers spending more time at home, they are finding more value in smart home and security use cases, driving new product announcements in these categories.

“Arlo and launched new touchless video doorbells,” said Patrice Samuels, Senior Analyst, Parks Associates. “Several companies have announced connected air quality measuring and purifying devices that may help reduce transmission of Covid-19. Lockly and Benjilock also announced new biometric smart locks, continuing the trend from 2020.”

In the connected health space, according to Parks Associates demand for virtual care solutions, telehealth, and remote patient monitoring has boomed in the wake of Covid-19.

“Seeing the success of Tytocare, companies have moved to launch new all-in-one remote patient monitoring devices into the market,” said Kristen Hanich, Senior Analyst, Parks Associates. “Technology-based patient monitoring overall has been well positioned, with leaders in this space offering new features and capabilities. While RPM has been the main focus, in-patient monitoring promises to amp up ICU capabilities.”


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